A BRITISH court overnight found a man guilty of defrauding thousands of investors out of 34 million pounds ($56 million) through a series of pyramid scams. Kevin Foster, 51, who promoted his "KF ...

Last year, consumers lost nearly $8.8 billion to scams and fraud, according to the Federal Trade Commission. From misleading social media ads to employment scams to fake dogs, the Better Business ...

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...

The FINANCIAL — An indictment was unsealed yesterday charging a U.S. citizen residing in Canada for orchestrating a multimillion-dollar pyramid scheme under the name 8 Figure Dream Lifestyle LLC (8FDL ...

Nov 20 (Reuters) - Thousands of Colombians have lost life savings in pyramid schemes that exploded in a wave of rioting and bankruptcies this month. The accused boss of another financial scheme has ...

Have you ever heard of someone who claimed to make a lot of money by investing in a new cryptocurrency or a trading program that promised high returns? Did they also tell you that you could join them ...

(Adds color, context throughout) By Hugh Bronstein BOGOTA, Nov 13 (Reuters) - Colombians have lost hundreds of millions of dollars in pyramid schemes that are collapsing around the country, sparking ...

The late great Benjamin Franklin once said, “an investment in knowledge pays the best interest.” While he probably meant to say this about merely having a basic education, the quote can also apply ...

For the best experience, please enable JavaScript in your browser settings. A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid ...

As holiday shopping heats up, scammers are using "Santa" wishes, fake deals, delivery notices and charity scams to trick shoppers. The Better Business Bureau warns that the "12 Scams of Christmas" are ...

Please enable JavaScript to read this content. A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended ...